Should Obama nationalize the Auto and Oil industry to control costs?

If he did, Hugo Chavez would though him a party.





I am not for pleasing Hugo.Should Obama nationalize the Auto and Oil industry to control costs?
Nationalizing any industry is likely to raise costs, not control them. They no longer have any incentive to be efficient. Would you want the same folks making your cars that handle your Post Office? If the government takes over the oil industry, be prepared to pay $10 per gallon for fuel if you can get any.Should Obama nationalize the Auto and Oil industry to control costs?
There is justification for doing that because the auto industry is such a critical part of our ability to defend ourselves during war time. No other industry and be so easily tooled over to build tanks, planes, hummers, transport trucks, bombs, and other war implements, etc. It's how we won WWII. We're not going to be able to get foreign owned companies to build them for us and risk drawing themselves into our conflicts and/or becoming a target themselves. However, the will be okay do to union concessions if they can just get through the next 6 months until the bank crisis clears up. Car sales are at a 25 year old due to no one being able to get loans!





As for cost savings, they and the UAW was done a lot over the past few years to cut costs, many things are set to start as of 2009. See my source for a detailed list.
NO NO NO, not until our politicians can show us they want to work for us and not just to put money in the pockets of the people they are beholden to just because they got them elected, and look our at the things our government runs now, every program that is government runs is on the verge of collapse and runs in the red, and you want them to take on more, we need less government not more, and how are you going to nationalize the oil industry? we import over 70% of what we consume, so in order to nationalize the oil industry you would have to take over country's like Iraq oops we trying that now (and you so how good a job our government has done there). and the only reason the auto industry is in this shape is because of greed and mismanagement, they made billions and billions for years and years and never reinvested in their own companies, hell if Toyota and Honda had not come around they still would be building cars your lucky if you get 100,000 miles out of. we need to let them die out like the dinosaurs they are, out of death comes new life, where there is a market for something, someone always steps up and becomes the supplier, No to a bail out and for sure no to nationalization!
The only way to do that is to disban unions. If he could get away with it, it would be the best thing he could do.





As far a bailing out the automakers though, I say let them fail and let them be allowed to go to a bankruptcy plan that will allow them to restructure. Again, the best way to do that would be for them to get rid of the unions and start bringing benefits and wages more in line with the rest of the businesses in the country. They are outrageous.
Nationalization is rarely a good thing. for example mexico recently announced that they will soon have to stop exporting oil. this is due to the diminishing output. They nationalized and couldnt keep up with equipment maint. or research and development, venezuela will eventually have the same problem.
Yeah then he can just let him appoint a job for each person and tell them how much they can make. When they can go to work and when they can come home! Where you can live, and send your kids to school, how much food you need. Get the point The government needs to stay out not be involved in everything.
All big three are BROKE. The government cannot possibly save them.





We UAW members in my Chrysler plant are willing to sacrifice. Like take a 50% cut in pay and rid the company of burden of those huge retirement benefits of $4000 a month each retiree. I dont think we out to get a DIME until we do our part which WE HAVE NOT DONE. There have been mickey mouse concessions to the big three. Now lets get down to business and help Chrysler, Yes, us UAW members lets do it.
If he does this there will be lines for gas all over the country. Carter tried something like this and well, he was not re-elected. He lost pitifully. So, in my opinion, sure go ahead Obama, then we all can move on from this national embarrassment.



Absolutely not. Part of a free market is that some businesses fail. Trust me, you do not want government control with businesses. Look at Russia. Regulated Capitalism works just fine.
With the Big 3 U.S. Automakers circling the drain, here are 10 solutions to the current crisis and none of them involve sticking your head between your legs and kissing your rear goodbye.





http://fastandloud.com/how-to-save-the-u鈥?/a>
I think it would spell the end of our nation as a democracy. And it would not control costs or anything else. The federal govt could not run a bake sale and make it work worth a hoot.
Dear God. So USA will be the new Soviet Union? Communism is not a choice. Obama is not Hugo Chavez, Erich Honecker or Fidel Castro.
No. Simply force the oil industry to subsidize the auto industry.
yes. American Industry can't survive without government.
Dixon is a liar and isn't a UAW member,they don't get a $4000 a month pension.
This is not Venezuela and we need to keep it that way, so no.
NO
I'm trying to paste the puking ';smiley'; here ...but it doesn't work